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Network Economy

The trend in economy has now changed. One company cannot survive just by fighting by itself alone. In the era of network economy, some businesses collaborating together to achieve the specific goals. The key term in network economy is shared resources. The use of shared resources can help company to reduce cost and increase productivity and profit.

Take for example the traditional form of business of Ford Motor Company where for each type of vehicle it wanted to produce, it needed to build another factory. Why? Because each vehicle type requires different speciality, tools, and technology. In the network economy, a company can collaborate with different suppliers for spare-parts, different assembler, and distributors. This help the company to reduce cost like the necessity to build new factory just to introduce new model of product. The company can create the design in America and assemble the product in other country like China.

The interesting thing with network economy is that even the new entrants can virtually be like a big company. It’s just like what the Jack Welch, the former CEO of GE, wanted that was to create a big company with soul of the small company. The advantage of small company is that the small company is more flexible and manageable. The small company can collaborate with the old market players to gain more knowledge and capability to fight the existing big companies to survive. This is called virtual integration.

This type of economy was actually failed in the 1950-1960. However, the probability of success of this type of economy is higher now. This is because the development of IS/IT that is very rapid and able to support this kind of economy, which was practically difficult back then. The development of IS/IT has lead to the development of new organisation structures. Below are some of them:

Light, one of the very important parts of human living support, has tremendous benefit for us. Light itself is composed of many different rays. One of the components of light, called as blue light, has been known to tamper with our circadian rhythm.

Blue light itself can come from a lot of sources, including the lamp inside your room. However, the source which gives the most impact on people are from electronic devices. In this technology era, it's very hard for us to run away from using electronic devices. Those devices, such as Laptops and Handphones, have tremendously improve our quality of life by making our life easier and more fun through a lot of applications and systems available. Unfortunately, blue light emitted through the screen of those devices can affect our quality of sleep. Some research even advised us not to use our phone a few hours before we are going to sleep to improve our sleep quality.

Just recently, a news spread about a young lady, died due to attack of a Needle fish. The story began when she was having a vacation with her family at Tanjung Karang beach, Makassar, Indonesia. This unfortunate event happened on January 01, 2016.

Liena (39) was soaking her body near the shoreline, whilst suddenly a needlefish jump towards her face. She was not able to dodge because it was too sudden. The fish, known with its long sharp and spear like snout, pierced through her right eyelids. She was then screaming for help. Her husband's family was then run to help her. She was quite badly injured. The wound was so deep that it even pierced through the skull and caused her to vomit blood.

She was brought to the hospital by ambulance to Kabelota Donggala hospital. Nevertheless, the wound was so bad that she eventually could not make it. She passed away in that hospital and the corpse was brought back to Balaikota Palu.

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